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COMMVAULT SYSTEMS INC Director's Dealing 2018

Jul 27, 2018

30698_dirs_2018-07-27_ca68734e-acf3-401f-8016-b63b06de3d26.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2018-07-25

Reporting Person: Miiller Ronald L (SVP, Worldwide Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-07-25 Common Stock M 44762 $26.83 Acquired 140665.968 Direct
2018-07-25 Common Stock M 1205 $38.74 Acquired 141870.968 Direct
2018-07-25 Common Stock S 43392 $65.52 Disposed 98478.968 Direct
2018-07-25 Common Stock S 2575 $66.07 Disposed 95903.968 Direct
2018-07-26 Common Stock M 10795 $38.74 Acquired 106698.968 Direct
2018-07-26 Common Stock M 44759 $41.55 Acquired 151457.968 Direct
2018-07-26 Common Stock S 55554 $65.17 Disposed 95903.968 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-07-25 Options to Purchase Common Stock $26.83 M 44762 Disposed 2020-10-14 Common Stock (44762) Direct
2018-07-25 Options to Purchase Common Stock $38.74 M 1205 Disposed 2021-04-14 Common Stock (1205) Direct
2018-07-26 Options to Purchase Common Stock $38.74 M 10795 Disposed 2021-04-14 Common Stock (10795) Direct
2018-07-26 Options to Purchase Common Stock $41.55 M 44759 Disposed 2021-10-14 Common Stock (44759) Direct

Footnotes

F1: All transactions shown on this form have taken place pursuant to a pre-arranged trading plan in compliance with Rule 10b5-1 of the Securities and Exchange Act of 1934.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.00 to $66.00 inclusive.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.02 to $66.25 inclusive.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.00 to $65.85 inclusive.

F5: The options to purchase common stock are subject to a 4-year vesting schedule, as follows: 25% on the first anniversary of the grant with the remaining options vesting in equal quarterly installments thereafter.